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Philippines
Solar Market Outlook in Philippines
The Philippines’ growing solar market is due in part to the Philippine Energy Plan that has outlined the policies and steps needed for the country to reach its target of 20 GW renewable energy by 2040 (or 15 GW by 2030). As of 2021, the country’s solar energy generation capacity is at 1.2 GW.
The solar power market in the Philippines takes on a liberal approach. It is also regulated through the Republic Act No. 9513 that promotes the development, utilization, and commercialization in the harnessing of renewable energy sources in the country.
With the power consumption in the Philippines forecast to grow with a compound annual growth rate of 5.8 percent, the government believes in the importance of increasing its power generation capacity as well. Since the country does not import electricity, it is important that alternative sources be looked into in order to cope with the demand. Its tropical location that provides year-round access to sunlight makes solar power a valid option as a renewable energy source. The government has already expressed its plan to deploy more solar PV installations in order to reach its target solar capacity by 2030, as outlined in the National Renewable Energy Program.
Solar Energy Equipment Supply Capacity in Philippines
There are several manufacturers of solar power equipment in the Philippines. For those looking for more options, you can find plenty of online and global distributors and suppliers.
Top 8 Major Seaports & Logistics in Philippines
The Philippines is an archipelago so there are plenty of seaports to facilitate trade and logistics of solar equipment. The top ports in the Philippines include
- the Port of Manila,
- Port of Cebu,
- Port of Batangas,
- Port of Subic,
- Port of Cagayan de Oro,
- Port of Davao,
- Port of Iloilo,
- Port of General Santos,
- Port of Zamboanga,
- Port of Lucena.
Series Voltage Regulators used for below projects in Philippines
No Projects Found